27,000 SF Multi-Unit Industrial Complex

Industrial for Sale
Sale Pending
Catylist Listing ID: 30447653
Property Subtypes: Flex Space, Industrial-Business Park, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 27,000 SF
Gross Building Area: 28,224 SF
Sale Price: $2,400,000
Unit Price: $88.89 PSF
Property Use Type: Investment
Building Name: Brel Industrial Park
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

Brel Industrial Park is a Multi-Unit Industrial Complex available for sale. Excellent location on W University Parkway, just west of US 301 and minutes to I-75.

The park includes 27,000+/-SF of leasable area in Two Free-Standing, Multiple-Tenant buildings on 2.769 Acres Zoned HM (Heavy Manufacturing) by Manatee County.

Building 1 includes 15,000 SF with 4 tenants in 1,635 SF, 2115 SF, 3750 SF and 7500 SF units.

Building 2 includes 12,000 SF with Six, 2000 SF units.

3 Phase power available in many units
HM (Heavy Manufacturing) - Manatee County Zoning

- Security Gate in place limiting Off-Hours Access.
- Well-Maintained Complex in Excellent Location.
- 100% Occupied! Current owner has experienced good rental history with quality tenants.

***Do Not Contact Tenants Directly! ***
***Contact Listing Agent for Additional Information and to Schedule Property Visits ***

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Manatee
Taxing Authority: Manatee County
Tax ID/APN: 2024200004
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1981
Zoning Description: HM - Heavy Manufacturing District - Manatee County
Water Service: Municipal
Sewer Type: Municipal
Legal Description: THE E1/2 OF FOL DESC LAND: THE WLY 400 FT OF S1/2 OF SW1/4 OF SE1/4 OF SEC 31 DESC AS FOL: BEG AT SE COR OF SEC 31; TH DUE W ALG S LN OF SEC 31, 2673.28 FT TO POB; TH N 0 DEG 18 MIN 30 SEC W 662.11 FT; TH N 89 DEG 57 MIN 20 SEC E 400 FT; S 0 DEG 18 MIN 30 SEC E 662.42 FT TO A PT ON S LN OF SEC 31; TH W 400 TO POB, LESS RD R/W FOR HWY 301, ALSO LESS LAND TO MANATEE COUNTY FOR RD R/W BEING FURTHER DESC (1115/2984) PI#20242.0000/4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,247 67,951 187,523
Median Age: 39.18 43.69 46.78
Households: 1,462 28,384 84,271


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